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Saudi Arabia – On the Prowl for Agricultural Assets Abroad

Touch the Soil News #1296 (Feature photo – Australian Sheep – CCA SA 3.0 Unported)

Nations organizing around the World Trade Organization (WTO) have allowed a much more liberal flow of capital and ownership. It is easier for foreign nationals to buy and own land and assets in other nations.

GAI media reports on the recent purchase by the Saudi Agricultural & Livestock Investment Company of a 200,000 hectare agricultural property in Australia. 200,000 hectares equals almost 500,000 acres – a farm that is 15 miles wide and 50 miles long. You can read the full story here:

http://www.globalaginvesting.com/salic-acquires-200000-hectare-baladjie-pty-ltd-australias-nicoletti/

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